The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-01-15
CONDITION OF THE MARKETS.
Wheat Unsettled and Nervous, Closing
Slightly Lower than on Thursday.
Corn Fluctuates Within Narrow Range and
Fails to Develop Any New Features-Pro-
visions Exhibit Increased Activity.
MONEY, BOMBS AID STOCKS.

Houthern stocks Continue to Monopolize At
tcntion--Tho General Market Closes Weak.
NEW YORK, Jan. 14-Money on call was
pasy at 405 per cent, closing at per cent.
Prime mercantile paper 6@7 per cent
Sterling exchange was quiet but steady. at
a. s2A for 60 day bills, and g. s6a for demand.
The total sales of stocks to-day were 344, S25
shares, including the following: Delaware,
Lackawanna 6 Western. 23,sl5; Erie, $3.50;
Lake Shore, 1o,s55; Northwestern. $3.50; New
Jersey Central, 6,950; Peoria. Decatur & Evans
ville, 5, 725: Reading, 40, TAO; ST. Paul, 1S,635;
Texas Pacific assessment paid), 5000; Union
Pacific, 10, 920; Western Union, Is, 1865
Government and State bonds were dull and
steady
The interest in the Richmond & West Point
East Tennessee deal was undated this morning
The dealicgs in the first named stock at the
opening we're intensely exciting and the stock
sold from At to Ash at the same time on differ
ent sides of the crowd. It quickly dropped to ~
and Iuctuated within a range of per cent until
the afternoon. when stories were published to
The effect that the deal had already been con-
Iumnated, and il rose to 4Sa. There was consid
sra5ie realizing. however, after that time. and it
closed at Az, aItor safes elf EAST tennessee
showed more strength than yesterday, but Nor
folk s. Western fuctuated on lower range and
broke quit. sadly in the last hour. The action
Of the courts in affording protection to the Read
ing & Jersey Central against the strikes had q
stimulating effect on dealings in coal stocks, but
Delaware s. Hudson was the only one which
made any material gain. There was considsra-
BILE covering Of shorts" on the improved feeling
a IT, s ds ssd ef Pf5 si'f ss ssss
difficulty will be soon arrived At aidsd the mar
ket Later, however,, tie advices from Wash
ineton that the passage of the intefstata coa5-
merce bill would probably be accomplished this
afternoon, together with the news from Berlin,
had somewhat dsmpening effect upon specula-
ton. The general market was firm on moder-
ately active trading until toward noon, when the
advance ceased and business fell of In the af-
ternoon the market became dull and prices
sagged. There was a short rally, but the last
hours saw renewed weakness an increased
business, and the market closed weak, many
344, S2l shares; Richmond & West Point con
tributed Oh, 745; Reading. 40, TAO; Lackawanna,
23.813; St Paul, 18, 635. and Western Union. Is
205. Final changes almost invariably show de-
clines, although Consolidated Gas il up 2a and
ST. Paul 8 Duluth II; Norfolk 8 Western pre-
ferred lost Ii: Louisville e Nashville, II; Texas
Pacific and Union Pacific, each, per cent
Denver & Rio Grande tours contributed S30l, 900
Indiana, Bloomington q Western incomes
&292, 600, and Texas Pacific incomes trust re-
celpts 1898, 900. Prices were generally firm in
the forenoon, but in many cases weakened to
ward the close; and final prices show irregular
changes. st. Paul. H s. D. sevens, are up 3, at
12E Indiana Bloomington 81 Western seconds
"a, at "a: Nicke-plate seconds, g. at SO; Louis
Eille & Nashville ten-fortys lost 2, TO So Clos
ing quotations were: